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    BankAmericard® Secured Credit Card

    BankAmericard® Secured Credit Card

    For People with
    Bad Credit

    Apply Now

    REVIEWS

    Reviews

    The BankAmericard® Secured Credit Card lives up to its name. Not only does it help cardholders establish and restore their credit as a secured card, it also provides added security for shopping and banking online.

    A minimum deposit of $300 is required to open this account. The maximum credit line, up to $4900, is determined by your income, the amount of the security deposit, and your ability to pay. After 12 months, Bank of America may review your account and give your security deposit back.

    This card has no annual fee.

    Card Quick Facts

    Card Quick Facts

    • No application fees or activation fees
    • Credit line of $300–$4,900
    • Your maximum credit line is determined by your individual ability to pay based on the income that you provide and your security deposit
    • Important account information is shared with the 3 major credit bureaus—helping you build your credit history
    • After 12 months, you may qualify to have your security deposit returned while you continue to use your card
    • Get free access to your FICO® Score from TransUnion, updated monthly.
    • Access to credit education topics like using credit cards responsibly, budgeting and more
    • No annual fee
    BankAmericard® Secured Credit Card

    For People with
    Bad Credit

    Apply Now

    REVIEWS

    Reviews

    Manage My Card

    Want to pay a bill or check your balance?

    Pay My Bill

    Pay My Bill
    Request Credit Limit Increase

    Request Credit
    Limit Increase
    Speak to Customer Service
    Speak to Customer Service

    1-800-732-9194

     Try a different phone number
    Check Application Status

    Check
    Application Status

    Card Details

    Rewards

    Rewards

    This card does not offer rewards.
    Card Stats

    Card Stats

    Annual Fee $0
    Additional Cards Annual Fee -
    Regular Purchase APR 25.24% Variable
    Intro Purchase APR -
    Foreign Transaction Fee 3%
    Chip Technology Chip-and-Signature & Chip-and-PIN
    Minimum Credit Limit $300
    Maximum Credit Limit $4,900
    Free Credit Score Yes
    Penalty APR None
    Late Fee Up to $39
    Returned Payment Fee Up to $28
    Balance Transfers

    Balance Transfers

    Intro Balance Transfer APR -
    Regular Balance Transfer APR 25.24% Variable
    Balance Transfer Fee 3%, $10 minimum

    A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

    How balance transfers work
    Cash Advances

    Cash Advances

    Cash Advance APR 27.24% Variable
    Cash Advance Fee 3%, $10 minimum

    Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

    How cash advances work

    Card Benefits

    Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

    Read about this specific card’s benefits
    Learn about credit card benefits

    • Account Alerts

      Get alerts about account information on your phone.

    • Mobile Banking

      Pay your credit card bill online, transfer funds, check available credit and more.

    • Text Banking

      Send a text and get important account information.

    • Visa Benefits

      You will be provided with a list of benefits available to you once you get approved for your card.

    • Free FICO® Credit Score

      Get free access to your FICO® Score from TransUnion, updated monthly.

    • Deposit Return

      Your account will be periodically reviewed, and based on your overall credit history, you may be eligible for a refund of the deposit while maintaining your card account.

    • Overdraft Protection

      Link a Bank of America account to your card and prevent declined purchases and return checks if you take out too much money.

    • ShopSafe®

      Protection when you are shopping online.

    • Zero Liability Fraud Guarantee

      You are not held responsible for unauthorized transactions on your card.

    • Fraud Protection

      Potential fraud is blocked if abnormal patterns are detected and you will be alerted if fraudulent activity is suspected.

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    Visitor Reviews

    Read about experiences others have had with this card and leave your own review here.

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    BankAmericard Secured Credit Card
    Average rating:  
     5 reviews
    by Phil
    B of A secure card

    I applied for a Bank of America Secured credit card about 11 months ago. I was rejected immmediately. Once I was saw I was rejected I called the bank immediately and spoke to a representative. They explained Y I was denied. I asked If I was able to receive one with a deposit and yes. I gave an $ 800.00 deposit and got my card in the mail in about 1 week. I have been using them ever since. My review is coming up next month hope I can get my deposit back.

    by Big Boy
    BOA Secured Card

    This card in my opinion is not for individuals with bad credit. I have bad credit and was denied immediately. They sent a letter in the mail that was basic and gave no real explanation for the denial. I found out my credit union had a secured card I applied and was approved with a fantastic Apr of 9.75. Because of BOA I now have a hard inquiry on my credit report. Do yourself a favor and don't apply for this card. There're way better offers out there.

    by Big Boy
    BOA Secured Card

    Beware BOA does a hard pull inquiry on your credit report. There's not a guarantee you'll be approved. Try obtaining a secured credit card.

    by Vickie Brooks
    Holds deposits too long unless direct deposit-also allows over charges at gas pumps

    This card takes several days for checks and bank transfers to take place. Also allows for places like gas stations to add an extra $25+ on the charge for up to 8 days until they decide that you actually only purchased $10 worth of fuel. This card is advertised as being an alternative to check cashing places but it's really only for people with extra money to spend.

    by Gldpoloski
    Not easy

    I applied for this card and offered $1,000 as a deposit and got rejected. The reason being was that my credit was not good enough. My mind was blown that I could not get a secured card with a bank I have been with for years. I went to capital one and was approved instantly. I now have 2 capital one cards that are unsecured.

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